You place $5,000 in a bank account that earns an annual rate of 4.25%. if the interest is compounded quarterly, how much money will you have at the end of 5 years, assuming you neither deposit nor withdraw

asked Feb 27, 2018 204k views

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5 votes

I believe the answer is $10,882.35

Bibu answered Mar 3, 2018

by Bibu

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